What is the overall performance of Emerson's orders as of February 2007?

As of February 2007, Emerson Electric Co. experienced solid overall order growth. The trailing three-month average order growth was between +5% to +10% compared to the prior year, indicating a positive trend for the company's core business.

Which segments are driving Emerson's order growth?

The Process Management and Industrial Automation segments are the primary drivers of Emerson's order growth. Process Management saw order increases of +15% to +20%, largely due to capital spending in the global energy markets. Industrial Automation also exhibited strong growth, with orders up by +15% in February, supported by demand in Europe and Asia.

Are there any segments showing weakness or mixed performance?

Yes, the Network Power segment reported flat order growth, as strength in UPS and precision cooling was counterbalanced by weakness in North American telecom and embedded power. The Appliance and Tools segment also showed mixed performance, with tools business strength offsetting softness in storage, motors, and appliance businesses, resulting in overall modest growth.

How are currency fluctuations impacting Emerson's orders?

Favorable currency exchange rates provided a notable tailwind for Emerson's order growth. In February 2007, currency movements contributed nearly 3 percentage points to the overall increase in orders, highlighting the benefit of a weaker dollar for the company's international sales.

EMR 8-K: Regulation FD — Mar 27, 2007

Summary

This Form 8-K filing by Emerson Electric Co. (EMR) on March 27, 2007, provides an update on the company's underlying order trends for the three months ending February 2007. The data indicates solid overall order growth, with a trailing three-month average of +5% to +10% compared to the prior year. This growth is primarily driven by strong performance in the Process Management and Industrial Automation segments, benefiting from global capital spending and favorable currency exchange rates. While the company experienced positive momentum, there were some segment-specific variations. Climate Technologies showed a slight improvement, and Network Power orders were flat, impacted by mixed performance in North American telecom and embedded power businesses. Appliance and Tools also showed modest growth. Investors can look forward to the company's second quarter 2007 earnings release and conference call scheduled for May 1, 2007.

Key Highlights

1Emerson Electric Co. reported solid overall order growth of +5% to +10% for the trailing three months ending February 2007, compared to the prior year.
2The Process Management segment demonstrated strong order growth (+15%), fueled by robust capital spending in global energy markets.
3Industrial Automation also posted high-level order growth (+15% in February), driven by demand in European and Asian capital goods markets and a weaker dollar.
4Network Power orders were flat, with strengths in UPS and precision cooling offset by weaknesses in North American telecom and embedded power.
5Climate Technologies showed a slight positive trend, with order growth of 0% to +5% in February, as European strength balanced U.S. weakness.
6Favorable currency exchange rates contributed approximately 3 percentage points to the overall order growth in February.
7Emerson Electric Co. announced its second quarter 2007 earnings release and investor conference call are scheduled for May 1, 2007.

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (Mar 27, 2007)

Summary

Key Highlights

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